Bombardier Limited
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Bombardier Limited
Bombardier Inc. () is a Canadian business jet manufacturer. It was also formerly a manufacturer of commercial jets, public transport vehicles, trains, and recreational vehicles, with the last being spun-off as Bombardier Recreational Products. The company originally produced Ski-doo snowmobiles, over time expanding into the aviation, light and heavy rail, and public transit businesses. Bombardier manufactures several series of corporate jets, Global 7500, Global Express, Challenger 650 and Challenger 3500. History Bombardier Recreational Products In January 1934, a blizzard prevented Joseph-Armand Bombardier from reaching the nearest hospital in time to save his two-year-old son, Yvon, who died from appendicitis complicated by peritonitis. Bombardier was a mechanic who dreamed of building a vehicle that could "float on snow". In 1935, in a repair shop in Valcourt, Quebec, he designed and produced the first snowmobile using a drive system he developed that revolut ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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